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Wednesday, July 2, 2014
Gold is relatively cheap compared to equities at the present time
"I have an exposure of approximately 25 percent, and just recently when it dropped, I bought some more," he said. "Nothing is particularly cheap, [but] gold is relatively cheap compared to equities at the present time."
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.